All WHSmith articles – Page 21
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OpinionWHSmith pushes the envelope
WHSmith has never been the most exciting of retailers. In the last few years its City updates have followed the same reassuring yet predictable path – rising profits as further cost savings are found, and falling sales, particularly in its high street arm.
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NewsRetail suffers as bad news hits confidence
The overall market was up but retail shares were down over the week, with a raft of bad news and concern about consumer confidence hitting the stores sector.
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NewsWHSmith claims e-reader first with Kobo partnership
Bookseller and stationer WHSmith has struck a deal to launch Kobo wifi touchscreen e-readers in the UK.
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NewsRecord travel performance helps WH Smith to higher profits
WH Smith’s profits rose 4% in the year to 31 August, helped by record profits from its travel division.
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NewsBig names suffer amid tough trading concerns
Shop stocks were out of favour in the wake of a profit warning from Topps Tiles, with bearish notes on some of the sector’s biggest names and general heebie-jeebies about trading.
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NewsWHSmith launches £50m share buy-back programme
WHSmith is to run another £50m share buy-back scheme this financial year following the success of last year’s programme.
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NewsRetail shares slide along with market
General retailers were on the slide along with the market during the week, although the fall in grocers’ share prices was much less marked.
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NewsFunky Pigeon trial stores open
WHSmith has opened its first three Funky Pigeon shops, selling stationery and greetings cards.
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NewsWHSmith full year to be in line with expectations
WHSmith said that it expects full year figures to be in line with market expectations.
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NewsAsda accuses WHSmith of 'ripping off' back-to-school shoppers
Asda has accused WHSmith of “rip-off” stationery prices as the battle for back-to-school sales heats up.
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NewsWHSmith potential lies in travel arm
Bookseller and stationer WHSmith is undervalued according to broker Panmure, which reiterated its buy stance on the stock.
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NewsConfidence high in WHSmith performance
Analysts were pleased by a better than expected third quarter performance from WHSmith, despite a 4% fall in group like-for-likes.
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NewsWH Smith sales fall, but margins up
WH Smith has reported a 4% fall in like-for-like sales in the 18 weeks to 2 July.
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NewsWHSmith earnings ‘not threatened by e-books’
Fears about the impact of the growing popularity of e-books on bookseller and stationer WHSmith are overplayed and the retailer is undervalued, according to broker Oriel Securities.
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OpinionRetailers have to adapt or die
The outlook for UK consumer spending continues to be weak with disposable incomes under increasing pressure, driven largely by the cost of living rising faster than income growth, which in turn is exacerbated by the threat of ongoing public sector cuts.
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NewsFlat market masks big risers and fallers
Retailers generally, like the market, were flat over the week, but that masked some big share price advances and falls.
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AnalysisHappily ever after for Waterstone’s?
Rising ebook sales and the competition from grocers have made life tough for Waterstone’s. Nicola Harrison finds out how the bookseller can be turned around under new ownership.
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GalleryA Manc for all seasons
Despite a sunny interlude, retailers are now having to shift summer stock in less than summery conditions. Manchester’s retailers are managing. John Ryan finds out how